sell XRP now | 17 August 2018

Technical Observation

Just as in Ethereum and BTC, Ripple has been on a loosing streak since the beginning of this year. And according to the 4 hour chart attached, while the price is contained below the three Simple moving Averages, I expect a spike to the lower side with an ideal take profit at $0.1200. On its way to the lower side, the key lines to look for include $0.26060, $0.2292, $0.20 and $0.10. If these lines are breached, then an acceleration further downwards is expected.

Trade Signal

sell XRP now

101% Double the volume

The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.